Electrician Insurance

Tailored Business Insurance for Electricians

As an electrician, you’re exposed to a lot of risks in your day-to-day work. But one thing you shouldn’t leave exposed is your business - and that’s where Simply Business comes in.

It’s our job to make sure you have the kind of coverage that’s customized for your electrician business. We’ll take the time to understand your specific business’s risks, so you can enjoy the peace of mind that comes from knowing you’re protected.

So whether you’re rewiring a renovated home or working with heavy commercial equipment, we’ll keep you covered.

What Insurance Coverage Do Electricians Need?

Electricians are constantly exposed to a lot of risks - it’s just the nature of the business. Your biggest risks likely come from the specialities you offer, the type of projects you take on, and the locations where you work. That’s why Simply Business makes it easy to tailor your business coverage, so you’ll get exactly what you need.

That means no overpaying for coverage you don’t need. No policies that leave you feeling unsure about how you’re protected. That’s the Simply Business promise.

So what are some electricians insurance requirements you should have? Take a look:

Electricians Liability Insurance

Electricians liability insurance - also known as general liability or commercial general liability (CGL) - is a type of policy that covers you and your business in case of claims involving property damage, accidents, and/or certain types of lawsuits.

General liability insurance can provide you coverage if:

You damage a client’s property: If you end up causing damage while conducting a service visit (even if it was accidental), your business could be financially liable for that damage. Your liability policy can pay out the costs of repairing that damage, as well as any legal fees if you get sued.

You cause an accident: Let’s say a customer trips over equipment you left on the floor while working. Without liability insurance, you’d have to directly pay for any resulting medical and legal costs. Fortunately, this type of policy pays those fees for you, up to your coverage limits.

You’re accused of slander: If a customer thinks you’ve slandered them - for example, saying something false about them on social media - you could be sued. In this case, your liability insurance can cover legal fees, as well as any resulting payouts if the customer wins the case.

Workers Compensation Insurance For Electricians

Another important policy you’ll need is workers compensation insurance. This type of business insurance covers you in case an employee gets sick or injured on the job. Since the nature of your work exposes you and your employees to potential injury, it’s definitely a good policy for your business to have.

Workers compensation insurance may also be legally required as soon as you hire your first employee, so you’ll need this policy to keep your electrician business compliant with both state and federal laws.